Despite its ongoing crackdown on crypto, China continues to embrace blockchain technology — up to the point of launching the National Blockchain Technology Innovation Center in the capital city of Beijing. According to the China Daily’s report from Feb. 8, the center will create a research network with local universities, think tanks and blockchain businesses...
The transaction included the exchange of tokenized gold between the two parties using blockchain technology and digital settlement of the national currency. Rosbank has successfully demonstrated a deal to exchange digital gold using a new form of national currency, according to a bank press release. The transaction was carried out on the Atomyze platform. According...
Injective, a layer 1 blockchain specializing in building financial applications, has launched a USD 150 million foundation ecosystem initiative. Injective was built using the Cosmos SDK and uniquely provides plugins that help developers quickly build complex protocols focused on areas such as exchanges, options, derivatives and lending. Injective is already one of the most interoperable...
The developers of the dog-themed token Shiba Inu posted an update to inform the community about the upcoming beta release of Shibarium, a Layer 2 network that will run on top of the Ethereum mainnet. The network will help speed up transactions, lower fees and empower the ecosystem. The Shiba Inu project was launched in...
The State of Enterprise Blockchain Adoption in 2023 report questioned 603 enterprise decision-makers across firms from the United States, the UK and China. The study showed that attitudes towards the blockchain in these countries remained strong despite the downturns in the market. In addition to the 87% likely to invest this year, nearly 90% of...
Amazon Web Services (AWS) is partnering with Ava Labs, the Avalanche Layer 1 blockchain company, to help scale blockchain adoption across enterprises, institutions and governments, the two firms told TechCrunch exclusively. Avalanche is a blockchain optimized to support NFTs, Web3 games and a unique technology it calls ‘subnets’ that act like custom blockchains built on...
Ethereum co-founder Vitalik Buterin has named the mass adoption of crypto wallets, inflation-resistant stablecoins, and Ethereum-based website logins as the three “huge” opportunities that have yet to be realized in cryptocurrency. During an interview with Bankless co-owner David Hoffman, Buterin shared his outlook for the crypto industry in 2023, responding to Hoffman’s concern that the...
After Ledger’s announcement of a collaboration with iPod creator Tony Fadell to create its latest hardware wallet, rival hardware wallet startup Foundation Devices has announced that it has raised a $7-million seed round to double its “sovereign computing platform”, which it says empowers its users to “reclaim their digital sovereignty”. The company’s flagship product, the...
The logistics giant will close the platform, which has failed to reach commercial viability in the four years since its inception Maersk, the world leader in container transportation, and the IT corporation IBM have announced the termination of their TradeLens blockchain platform. While the developed platform is viable, the need for full global industry collaboration...
Google has unveiled a new cloud service for blockchain developers. According to its creators, Blockchain Node Engine is a fully managed node hosting service for decentralized networks. The first blockchain supported by the service will be Ethereum. Web3 companies will be able to deploy smart contracts and read and write blockchain data using nodes hosted...
